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Town Centre Apartment - Stunning Space

30/08/2017

A stunning town centre two bedroom apartment has been launched to the market by Balfours with a guide price of £285,000.

The spacious apartment, Apartment 7, Pride Hill House, is located in the heart of the town with picturesque views to St Mary’s Church.  An executive reception hallway, leads through to a private entrance hall and to each of the rooms.

Head of sales at Balfours, Alistair Hilton says: “Number 7 is an immaculately presented town apartment. It is of very generous proportions and with a good flow to layout. The kitchen and living dining room are open plan and the kitchen is fitted with a streamlined contemporary units and appliances. The living space is well lit with glazing to the whole frontage.

Both bedrooms are of good proportions, one is en-suite and the other with its own bathroom. A utility room is also to be found off the entrance hall. The accommodation benefits from underfloor central heating. While the train station and taxi rank is only a short walk, the property also benefits from its own allocated parking.

“This property is a must see, it is beautifully presented and a rare find in the town centre. It is also chain free,” adds Alistair.

For more information call Alistair Hilton at Balfours on 01743 353511.

Please click here for further details.

Pride Hill House Main

Pride Hill House Lounge

Pride Hill House Kitchen

Pride Hill House Bathroom

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Mellow Stone Of Country House

29/08/2017

One of those unique country gems dating back to the 17th century has been launched to the market by Balfours.

Arriving at Chatwall Home Farm, you are greeted by double fronted gables in mellow stone – a property worthy of its grade II listing. Before entering it is impossible not to appreciate the half acre of manicured gardens, within the 1.43 acres of steading.

All this is set within the Shropshire Hills Area of Outstanding Natural beauty, at Chatwall, near the picture box village of Cardington and five miles from Church Stretton, Shrewsbury is 11 miles, access to the M54 and the Midlands is a similar distance.

Internally Chatwall Home Farm has been sympathetically restored retaining may wonderful original features, from inglenook fire places to panelling. There are four reception rooms a large kitchen with central island and Aga. An impressive oak staircase leads to the first floor offering four bedrooms and two bathrooms, there are a further three bedrooms on the second floor.

Agent Scott Kemsley, of Balfours, says: “In addition to the main house, Chatwall Home Farm comes with two self-contained barn conversions; both are immaculately presented with two double bedrooms, ideal for extended family, guest accommodation or considering its locality self-catering units.”

Chatwall Home Farm has a guide price of £1,000,000 and if interested contact Scott at Balfours on 01743 353511.

Please click here for further information.

Chatwall Main NEW

Chatwall Garden

Chatwall Home Farm Barn

Chatwall Sitting room

 

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Ludlow Castle Lodge Featured By Daily Mail

25/08/2017

A slice of Ludlow’s heritage on the market with Balfours has been featured in the *Daily Mail. Described as having a chequered past, Castle Lodge, is a magnificent Grade II* listed medieval town house of long standing historical significance.

Once home to child bride, Catherine of Aragon,who went on to become the first of Henry VIII’s six wives. During Castle Lodge’s eventful history it has also served as a prison, sheriff’s lodge, staging post for Oliver Cromwell and film set.

However chequered its significance is unquestionable, situated in a prime location of Ludlow’s Castle Square; this Elizabethan timber framed town house has outstanding accommodation. Namely, four large reception rooms, kitchen dining room and twelve bedrooms; there is also generous attic space on the third floor and a walled garden.

Agent Scott Kemsley, of Balfours says: “We are delighted the Daily Mail has recognised Castle Lodge as of national relevance, it is not only a piece of Ludlow’s heritage, but of national importance. It’s a completely unique property with amazing features – a true landmark, with the prospect for commercial or residential use, from restaurant to boutique guest house or family home, subject to planning consent.”

He adds: “Someone will be inspired and blown away by the sheer beauty and magnitude of its 13th and 15th century architecture and take it to a new 21st century chapter.” Scott is marketing Castle Lodge with a guide price of £900,000. For more information call Scott Kemsley on 01743 353511.

Please click here for further information.

Read the Daily Mail article here.

Castle L main

Castle L reception

Castle L bedroom

Castle L panneling

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Shropshire On A Par With Land Registry House Price Growth

24/08/2017

Home values and transactions in Shropshire reflect a resilient residential market, according to one of the county’s leading estate agents.

Head of Sales at Balfours, Alistair Hilton, says the Land Registry’s recent June figures show the average residential property in England has an annual increase of 5.2%.

He explains: “This is on a par with our sales figures for the past 18 months and mirrors a market where people do want to buy and sell. The politics – which have been so topical during this period – have never been more than a discussion point and have had virtually no influence on final decisions.”

Whilst one property investment specialist highlights fierce competition in key northern cities such as Manchester and Liverpool, Alistair says Shrewsbury’s market has enjoyed a similar flurry this summer. “New to the market properties in Shrewsbury have seen strong competition, with multiple bidding and above asking pricesachieved in some instances.

“It is not a runaway market - and we would not want this - however there are buyers out there who know what they want and understand the value of making the right offer to secure a property, rather than prolonging the search.”

A market of regions, land registry data for Wales continues to show steadier annual growth at 3.6% per annum. “We have some wonderful properties on the border and in Wales, homes which reflect excellent value in terms of space and the quality of life.” If you would like to discuss your property with Alistair Hilton, call 01743 353511.

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Autumn Newsletter 2017

23/08/2017

The 2017 Autumn Newsletter is now available - please click here to read. We hope you enjoy it!

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Ask the Expert

23/08/2017

We last arranged our business finance, when we purchased some extra farm land, about five years ago. Is it worth reassessing and possibly restructuring with the bank?  Balfours partner, Rory Galliers MRICS FAAV, replies:

 

The answer is an emphatic yes. With inflation lower than expected for July when it held at 2.6% and the Bank of England saying they are unlikely to raise interest rates in the short term, a window of opportunity remains.

It is true to say that five years ago major lending banks were having difficulty sourcing funds, as a result margins were higher, and typically some loans were 4% over base rate. Today at AMC we can considerably improve on that. 

Since then we have seen stabilisation and settling in the market, now allowing much more competitive deals to be offered. Long term fixed rates have been volatile, but again have settled so that it is still possible to fix long term money up to 30 years at very competitive rates.

The one barrier to borrowing at present is the increasing red tape bureaucracy over Anti Money Laundering – AML - regulations, which require a much stricter approach to identity documents and clarifying the purpose of borrowing. AML is a minefield which we are leading clients through. This is particularly the case where the borrower is a trust or limited company, both of which are caught heavily by the new AML regulations. 

Despite this I am pleased to say as agents for AMC at Balfours we have had a busy year and our best on record, resulting in being the top performing agent in the region. This is because our experience enables us to give quick and clear advice on AMC lending criteria.

So far this year we have already submitted a large number of applications, so there’s good reason to believe that we shall be breaking our record again for 2017, while interest rates hold at a near historic low.

As always there’s a wide range of lending purposes but we are seeing more poultry enterprises coming forward. One of the drivers for the upsurge in applications is the availability of low fixed rates for up to 30 years.

This email address is being protected from spambots. You need JavaScript enabled to view it. or call Rory on 01743 241181.

Tractor

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